Tongling Nonferrous (China) Performance
| 000630 Stock | 3.47 0.17 5.15% |
Tongling Nonferrous has a performance score of 5 on a scale of 0 to 100. The entity has a beta of -0.24, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Tongling Nonferrous are expected to decrease at a much lower rate. During the bear market, Tongling Nonferrous is likely to outperform the market. Tongling Nonferrous right now has a risk of 2.63%. Please validate Tongling Nonferrous semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to decide if Tongling Nonferrous will be following its existing price patterns.
Risk-Adjusted Performance
5 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Tongling Nonferrous Metals are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Tongling Nonferrous may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
Forward Dividend Yield 0.024 | Payout Ratio 0.3904 | Last Split Factor 25:10 | Forward Dividend Rate 0.08 | Ex Dividend Date 2024-06-07 |
1 | Goldman Sachs slashes copper forecast as miners profit outlook dims - Financial Times | 09/03/2024 |
2 | Is Tongling Nonferrous Metals Group Co.,Ltd.s Latest Stock Performance A Reflection Of Its Financial Health - Simply Wall St | 11/19/2024 |
| Begin Period Cash Flow | 9.9 B |
Tongling |
Tongling Nonferrous Relative Risk vs. Return Landscape
If you would invest 302.00 in Tongling Nonferrous Metals on September 3, 2024 and sell it today you would earn a total of 28.00 from holding Tongling Nonferrous Metals or generate 9.27% return on investment over 90 days. Tongling Nonferrous Metals is generating 0.1872% of daily returns and assumes 2.6334% volatility on return distribution over the 90 days horizon. Simply put, 23% of stocks are less volatile than Tongling, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Tongling Nonferrous Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tongling Nonferrous' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Tongling Nonferrous Metals, and traders can use it to determine the average amount a Tongling Nonferrous' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0711
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Estimated Market Risk
| 2.63 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Tongling Nonferrous is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Tongling Nonferrous by adding it to a well-diversified portfolio.
Tongling Nonferrous Fundamentals Growth
Tongling Stock prices reflect investors' perceptions of the future prospects and financial health of Tongling Nonferrous, and Tongling Nonferrous fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Tongling Stock performance.
| Return On Equity | 0.0984 | ||||
| Return On Asset | 0.044 | ||||
| Profit Margin | 0.02 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 56.84 B | ||||
| Shares Outstanding | 12.79 B | ||||
| Price To Book | 1.26 X | ||||
| Price To Sales | 0.31 X | ||||
| Revenue | 137.45 B | ||||
| Gross Profit | 6.16 B | ||||
| EBITDA | 9.66 B | ||||
| Net Income | 2.7 B | ||||
| Total Debt | 9.65 B | ||||
| Book Value Per Share | 2.63 X | ||||
| Cash Flow From Operations | 5.92 B | ||||
| Earnings Per Share | 0.22 X | ||||
| Total Asset | 78.25 B | ||||
| Retained Earnings | 11.19 B | ||||
About Tongling Nonferrous Performance
By analyzing Tongling Nonferrous' fundamental ratios, stakeholders can gain valuable insights into Tongling Nonferrous' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Tongling Nonferrous has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Tongling Nonferrous has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Tongling Nonferrous is entity of China. It is traded as Stock on SHE exchange.Things to note about Tongling Nonferrous performance evaluation
Checking the ongoing alerts about Tongling Nonferrous for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Tongling Nonferrous help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Tongling Nonferrous is unlikely to experience financial distress in the next 2 years | |
| About 48.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Is Tongling Nonferrous Metals Group Co.,Ltd.s Latest Stock Performance A Reflection Of Its Financial Health - Simply Wall St |
- Analyzing Tongling Nonferrous' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Tongling Nonferrous' stock is overvalued or undervalued compared to its peers.
- Examining Tongling Nonferrous' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Tongling Nonferrous' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tongling Nonferrous' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Tongling Nonferrous' stock. These opinions can provide insight into Tongling Nonferrous' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Tongling Stock analysis
When running Tongling Nonferrous' price analysis, check to measure Tongling Nonferrous' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tongling Nonferrous is operating at the current time. Most of Tongling Nonferrous' value examination focuses on studying past and present price action to predict the probability of Tongling Nonferrous' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tongling Nonferrous' price. Additionally, you may evaluate how the addition of Tongling Nonferrous to your portfolios can decrease your overall portfolio volatility.
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